Analysts Set CityFibre Infrastructure Holdings PLC (CITY) Price Target at $80.00

Shares of CityFibre Infrastructure Holdings PLC (LON:CITY) have received an average rating of “Hold” from the six brokerages that are currently covering the company, Marketbeat.com reports. One equities research analyst has rated the stock with a sell recommendation, one has given a hold recommendation and three have issued a buy recommendation on the company. The average 1 year target price among analysts that have issued ratings on the stock in the last year is GBX 80 ($1.08).

Several research analysts have issued reports on the company. Numis Securities reissued a “sell” rating and issued a GBX 30 ($0.40) target price on shares of CityFibre Infrastructure in a research report on Monday. Peel Hunt reissued a “buy” rating and issued a GBX 100 ($1.35) target price on shares of CityFibre Infrastructure in a research report on Monday. FinnCap raised their target price on CityFibre Infrastructure from GBX 90 ($1.21) to GBX 130 ($1.75) and gave the stock a “corporate” rating in a research report on Thursday, September 28th. Macquarie reissued an “outperform” rating on shares of CityFibre Infrastructure in a research report on Wednesday, September 6th. Finally, Liberum Capital raised their target price on CityFibre Infrastructure from GBX 80 ($1.08) to GBX 134 ($1.80) and gave the stock a “buy” rating in a research report on Thursday, September 28th.

CityFibre Infrastructure (LON CITY) remained flat at $GBX 59 ($0.79) during trading on Friday. 25,154 shares of the company’s stock traded hands, compared to its average volume of 1,550,000. CityFibre Infrastructure has a 1-year low of GBX 41 ($0.55) and a 1-year high of GBX 71 ($0.96).

CityFibre Infrastructure (LON:CITY) last announced its earnings results on Thursday, September 28th. The company reported GBX (2) (($0.03)) earnings per share (EPS) for the quarter. The firm had revenue of GBX 904 million during the quarter. CityFibre Infrastructure had a negative return on equity of 11.15% and a negative net margin of 65.52%.

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CityFibre Infrastructure Company Profile

CityFibre Infrastructure Holdings plc is a provider of wholesale fiber optic infrastructure. The Company designs, builds and operates pure-fiber networks across the United Kingdom. The Company’s operations relate to the management of transformational fiber optic infrastructure. Its solutions include Fibre-to-the-Premises, Metro Fibre Networks, Fibre-to-the-Tower and Fibre-to-the-Home.

Analyst Recommendations for CityFibre Infrastructure (LON:CITY)

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